How Much Money is $100 in Mexico?
Now that businesses are re-opening and lives are snapping back to normal, those ready to travel are finally able to enjoy the sweet feeling of vacation. Travelers are running out of their houses since restrictions are lifted and booking their tickets to Cabo San Lucas and filling calendars on breath taking villas. We’re received some calls from prospective guests with misconceptions that villas are not worth it when compared to resorts… well this can’t be far from the truth. If you’re looking for more privacy, more space for your family and you want the best of both worlds, the best place you can stay is at your very own villa.
Renting a villa will ensure you will be provided with a more spacious and private area, when compared to the room that looks like a closet in a traditional hotel. In a villa, it’s safe to bring a large group and still have plenty of space to breath, eat and by loud!
Most villas come equipped with kitchens, pools, gyms, sports and more. However, if you’re traveling on a budget to Cabo San Lucas, Mexico, you will need to ask yourself, is $100 a lot of money in Mexico? And is this enough money for you to have a good time and stay in an awesome villa?
With today’s exchange rates, $100 USD is about $1,900 – $2,000 MXN. Compared to wages, $1,900 MXN is about weeks’ worth of salary for most manual labor jobs outside the major cities of Mexico. So for locals that have basic day labor jobs, it is a decent amount of money. As we’ve seen, it will certainly buy a weekend’s worth of food and beer for a family.
While deciding if $100 is a lot of money in Mexico will depend on a lot of things such as:
- Spending habits
- Villa location
- Excursions and activities
For the most part, if you want to have a relaxing time in Cabo and and hang out at the beach all day, $100 will get the job done. This assumes that you buy food and drinks at the grocery store and just hang out on the sand all day. If you are one to sit on the beach, but need the comfort of a restaurant and/or drink service, then $100 USD will go pretty quickly.
Now that we’ve determined the value of $100, you’re probably asking yourself, what can I do with $100? Without getting too overwhelmed, you can do quite a lot with $100. Not recommended, but if you are looking to make a lot of friends really fast, we always like the idea of ordering beers for the entire bar. If you’re a beer lover, you’re going to love that purchasing domestic (Mexican) beer is cheap (compared to USA).
Well, just like in the US, there are many brands and variations of beers that you can buy. However, you can expect to buy a 16-ounce beer for only 20 pesos which is $1 USD.
You can get A LOT of tacos.
Mexico is known for its delicious tacos, and you really can’t say you went to Mexico without at least trying one of their tacos.
There are a wide variety of tacos where you can get a bunch for really cheap. In some places, tacos are $1 each and quite filling! Again, always recommended to use your $100 and buy everyone tacos.
Taking it one step further, it’s always suggested to rent a villa and just enjoy your days at your pool and have your butler shower you in beers and tacos. This will always guarantee you the best time with those that matter most to you and ensure you get the most out of your Cabo vacation.
So, next time you wonder or ask yourself is $100 a lot of money in Mexico, then the answer is yes. If you’d like to see great ways to spend your $100, then check-out some of our rental villas HERE and start your vacation today!